CBIC extends the last date / Due date for furnishing GST Composition Scheme payment FORM GST CMP-08 statement containing the details of payment of self-assessed tax, for the quarter April, 2019 to June, 2019, or part thereof, to 31st day of July, 2019 vide Notification No. 34/2019 – Central Tax dated 18th July, 2019. Quarterly […]
Central Goods and Services Tax (Fifth Amendment) Rules, 2019- Inserted Rule 4A related to Issue of E-Ticket by Multiplexes, Inserted Rule 83B- Surrender of enrolment of goods and services tax practitioner, Inserted New Form GST PCT-06- Application For Cancellation Of Enrolment As Goods And Services Tax Practitioner, Form GST PCT-07- Order Of Cancellation Of Enrolment […]
ICAI Press Release The Institute of Chartered Accountants of India (ICAI) today announced the result of Common Proficiency Test (CPT) exam held on June 16, 2019. The result analysis of the CPT Examination in terms of total pass percentage & gender wise details are mentioned below. GENDER No. of candidates appeared No. of candidates passed […]
The Result of CS Foundation Programme examination held on 8th and 9th June, 2019 would be declared on Thursday, the 25th July, 2019 at 11:00 A.M. The result along with individual candidate’s subject-wise break-up of marks will be available on the Institute’s website: www.icsi.edu Formal e-Result cum-Marks Statement of Foundation Programme Examination will be uploaded […]
The input tax credit utilization rule has undergone a huge roller coaster ride since introduction of the Goods and Service Tax Law. Every registered taxpayer dealing with the GST would be much concerned about the input tax credit utilization rules since it directly affects its finance and working capital at a large. Stage-wise provisions dealing […]
ICAI Educational Material on Indian Accounting Standard (Ind AS) 8, Accounting Policies, Changes in Accounting Estimates and Errors In this era of globalised economies, the Institute of Chartered Accountants of India (ICAI) has been at the forefront of ensuring high quality accounting standards in India. Financial reporting has got new dimensions after the implementation of […]
Since objects of assessee were duly charitable in nature and there was no dispute as to genuineness of its activities, therefore, no registration could be denied under section 12AA merely on the basis that assessee was not carrying out activities for charitable purposes.
A Committee to examine the feasibility of laying out the modalities, formats and data structures for uploading online, analysing and archiving of information sought during e-assessment in a forensically sound secure and importable data-structure to facilitate e-assessmcnt and to mitigate difficulties of both the taxpayers and Assessing Officer has been setup with the approval of Chairman, CBDT.
BCAS has highlighted issues of Delay in making available the utility to enable filing, Multiple changes in utilities, The requirement of reporting Permanent Account number of unlisted companies, Unlawful requirement of reporting ISIN codes/Folio No of shares sold and 26AS not updated and TDS certificates not available with the tax payers.
Problem reported: Concern regarding CMP-08 is not reflecting on return dashboard. Resolution: This is in reference to our telephonic conversation, we informed you that the functionality for filing CMP- 08 is currently unavailable on GST portal, we request you to wait for further notification and keep yourself updated with www.gst.gov.in. Problem Reported: Return GSTR-4 for […]
